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$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,000 Today

Author: Benzinga Insights | August 28, 2024 04:30pm

Devon Energy (NYSE:DVN) has outperformed the market over the past 5 years by 1.14% on an annualized basis producing an average annual return of 15.08%. Currently, Devon Energy has a market capitalization of $27.98 billion.

Buying $1000 In DVN: If an investor had bought $1000 of DVN stock 5 years ago, it would be worth $2,018.56 today based on a price of $44.59 for DVN at the time of writing.

Devon Energy's Performance Over Last 5 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: DVN

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